Here are five economic forces that could shape the first year of Trump's presidency: Whipping inflation is easier said than done. President Donald Trump, along side first lady Melania Trump, speaks as he meets with homeowners affected by Hurricane Helene in Swannanoa, N.C., Friday, Jan. 24, 2025. Credit: AP/Mark Schiefelbein

President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.

Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ... Even as the broader inflation index picked up, a measure that strips out volatile food and gas items climbed less than expected.

If President Donald Trump follows through on his proposed tariff hikes, consumer inflation expectations could rise sharply, complicating the Federal Reserve's plan to cut interest rates. The alarm came from Goldman Sachs,

Despite the 2024 campaign rhetoric, Joe Biden is leaving Donald Trump a healthy economy that may be better off left alone.

With President Donald Trump back in the White House, big economic shifts could be coming for housing and job markets across the country. From tariffs on building materials to deregulation in housing and a renewed push for domestic manufacturing,

Although Trump has said the sweeping crackdown would bring down inflation - by reducing demand for housing and jobs — economists say it’s unclear that’s how things will shake out. Curtailing immigration and deporting crucial workers could actually end up lifting prices for necessities such as housing and food.

After officially taking office earlier this week, President Donald Trump ordered “emergency price relief” for Americans on housing costs and other living expenses.

Trump, on his first day in office, suggested he may do just that. Trump has threatened to impose 25% tariffs on all goods from Canada and Mexico on February 1 in response to what he views as inadequate border security failing to stop drugs and migrants from coming into the United States.

Stocks are approaching records in the first couple of days of Trump's presidency, with more pronounced moves in specific corners of the market this week.